More Questions on Indian Economy
- Q. The apex body for formulating plans and coordinating research work in agriculture and allied fields is
A)Regional Rural Banks
B)State Trading Corporation
C)National Bank for Agriculture and Rural Development (NABARD)
D)Indian Council of Agricultural Research
Answer: Indian Council of Agricultural Research
- Q. The first wholly Indian Bank was set up in
A)1894
B)1896
C)1794
D)1902
Answer: 1894
- Q. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
A)Services sector
B)Chemicals other than fertilizers
C)Food processing
D)Telecommunication
Answer: Telecommunication
- Q. The association of the rupee with pound sterling as the intervention currency was broken in
A)1991
B)1992
C)1990
D)1993
Answer: 1992
- Q. Open market operation is a part of:
A)Debit Policy
B)Credit Policy
C)Deposit Policy
D)None of these
Answer: Credit Policy
- Q. Which state of India ranks first in milk production as per the data of the year 2009-10?
A)Jharkhand
B)Bihar
C)Uttar Pradesh
D)West Bengal
Answer: Uttar Pradesh
- Q. In India Yellow revolution is associated with:
A)production of oil seeds.
B)production of flower
C)production of tea
D)production of paddy
Answer: production of oil seeds.
- Q. The chairman of 13th finance Commission was:
A)K C Neogy
B)Nand Kishore Singh
C)Vijay L. Kelkar.
D)Y V Reddy
Answer: Vijay L. Kelkar.
- Q. Earn While you Learn scheme has been launched by:
A)Ministry of Youth
B)Ministry of Tourism
C)Both A and B
D)None of these
Answer: Ministry of Tourism
- Q. Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?
A)Essar Oil
B)Reliance Energy
C)GAIL
D)ONGC
Answer: Essar Oil
- Q. The first national commission on labours was constituted on:
A)December 24, 1967
B)December 24, 1966.
C)November 24, 1966
D)November 24, 1967
Answer: December 24, 1966.
- Q. If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?
A)Rs. 25,000 crores
B)Rs. 1,00,000 crores
C)Rs. 50,000 crores
D)Rs. 1,25,000 crores
Answer: Rs. 50,000 crores
- Q. Fiscal deficit in the Union Budget means
A)net increase in Union Governments borrowings from the Reserve Bank of India
B)the difference between current expenditure and current revenue
C)the sum of budgetary deficit and net increase in internal and external borrowings
D)the sum of monetized deficit and budgetary deficit
Answer: the sum of budgetary deficit and net increase in internal and external borrowings
- Q. The concept of zero-based budgeting was given by:
A)Peter drucker
B)Peter A. Payer.
C)Jagdish bhagwati
D)None of these
Answer: Peter A. Payer.
- Q. Who gave the call for Evergreen Revolution?
A)Verghese Kurien
B)Tribhuvandas Patel
C)M. S. Swaminathan
D)H. M. Dalaya
Answer: M. S. Swaminathan
- Q. With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?
A)China
B)Taiwan
C)South Korea
D)Japan
Answer: Japan
- Q. In India Yellow revolution is associated with:
A)production of oil seeds.
B)production of tea
C)production of flower
D)production of paddy
Answer: production of oil seeds.
- Q. The condition of indirect taxes in the country’s revenue is approximately
A)75 percent
B)80 percent
C)70 percent
D)86 percent
Answer: 86 percent
- Q. Gilt-edged market means
A)market of government securities
B)bullion market
C)market of guns
D)market of pure metals
Answer: market of government securities
- Q. One rupee currency note in India bears the signature of-
A)Finance minister of India
B)The president of India
C)Governor (RBI)
D)Finance secretary of Government of India
Answer: Finance secretary of Government of India
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